News

Ashfords LLP Strengthens Technology and Commercial Expertise With Strategic Hire

Friday, 21st April 2017

National law firm Ashfords is pleased to announce the appointment of Andy Braithwaite as Head of the Commercial Team.

High Court refuses permission for a judicial review of the Serious Fraud Office's refusal to close an ongoing investigation

Friday, 21st April 2017

In what was described as "an extraordinary and, on the face of it, somewhat ambitious claim", the court refused permission in a judicial review application regarding the Serious Fraud Office's ("SFO") failure to conclude its investigation into the claimant's activities (the "Primary Investigations"); refusal to provide a clear indication that an investigation would be the subject to no further action; and refusal to provide information regarding further investigations (the "Further Investigations") it was undertaking.

Insolvency Rules 2016 - Websites and Electronic Delivery

Thursday, 20th April 2017

This briefing note addresses the effect of the Insolvency Rules 2016 ("Rules") to the: (i) Electronic delivery of documents; and (ii) use of Websites to deliver documents.

Ashfords LLP Shortlisted for Two Awards in the Legal Week Innovation Awards 2017

Thursday, 20th April 2017

Ashfords is delighted to announce that the firm has been shortlisted for two awards in the Legal Week Innovation Awards. The firm has been recognised in the categories for business development innovation and future legal services innovation.

Private fund limited partnerships: a new vehicle for investment funds

Thursday, 20th April 2017

In order to maintain the UK’s leading position as the domicile of choice for private investment funds in Europe, the government has recently created a new class of limited partnerships – private fund limited partnerships (PFLPs) – which are subject to a simplified regulatory regime.

Insolvency Rules 2016 - Remuneration of Officeholders

Wednesday, 19th April 2017

Rules 18.15 to 18.38 of the Insolvency Rules 2016 deals with remuneration principles, fixing of remuneration, challenges by creditors and applications to Court by officeholders in relation to their remuneration placing all the rules surrounding remuneration in one place as opposed to dotted around the various procedures in the old rules.

Proposing an IVA

Thursday, 13th April 2017

There are changes to the Act mainly designed to bring in the required changes following the abolition of physical meetings in the first instance.

Insolvency Rules 2016 - New Decision Making Procedures

Thursday, 13th April 2017

Part 15 Insolvency Rules 2016 consolidates the rules in relation to notices, voting rights, exclusions and appeals introducing some much needed consistency between the different insolvency processes.

Deemed Consent - Rule 15.7

Thursday, 13th April 2017

The Deemed Consent procedure is set out in sections 246ZF (corporate insolvency) and 379ZB (personal insolvency) of the Insolvency Act 1986, as inserted by the Small Business, Enterprise and Employment Act 2015, and rule 15.7 of the Insolvency Rules 2016.

Insolvency Rules - Disclaimer

Wednesday, 12th April 2017

The Rules relating to Disclaimer remain largely unchanged, except for bankruptcy and liquidation being included in the same section and some minor updates to the Act. These are incorporated in Rule 19.8, and affect s.307 and s.320 Insolvency Act 1986. The deadlines for all actions remain unchanged.

Ashfords LLP named as one of London’s most active legal advisers in Q1 2017

Wednesday, 12th April 2017

Ashfords has once again been ranked as one of the most active law firms for corporate deals in London following the publication of the Experian MarketIQ M&A Review.

Insolvency Rules 2016 - MVL's

Tuesday, 11th April 2017

MVL's are dealt with in Part 5, chapters 1 and 2 of the new rules so, if you're sitting comfortably, I'll begin.

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